Contact: Sheila Little, Education Finance Unit (01962 847545) ([email protected])

1 Summary

The following decisions are sought:

1. That a three year budget plan for Education ICT (including the business unit) be prepared and bought back to Executive Member at a future meeting

2. That a single supplementary allocation to schools in 2004/05 of £725,000, as agreed by Cabinet in June 2004, be implemented.

3. That the budget monitoring report and an early identification of costs pressures is noted.

2 Reason

Under Fair Funding this saving on business rates requires a supplementary allocation to schools in 2004/05 so that those schools who don't buy back Hampshire insurance service are not disadvantaged.

3 Other Options considered and rejected - none

4 Conflicts of Interest declared by the decision maker or other Executive Member consulted - none

5 Dispensation granted by the Standards Committee - none

6 Reason(s) for the matter being dealt with if urgent - not applicable

Approved by: Date:

Councillor D Allen